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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Dec 3 4:00 PM EST
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To: Michael L. Voorhees who wrote (6737)7/13/1997 10:30:00 AM
From: BlueSpruce   of 13091
 
During the secret internal investigation GOE was under STRICT orders not to discuss the existance of the investigation. Since the investigation was contained within GOE it would have been obvious where any leaks had come from. Once the SEC felt the need to expand its investigation of GOE to include outside parties, that is where they realize they lose too much control over their gag order so they halt trading for 10 days. It never would have reached that point if the internal investigation had satisified their concerns. Get real people and be honest with yourselves. The fact thet Bo is Rec Oil was a jaw dropper for everyone. Hiding that fact was sheer stupidity. And despite all those wonderful press releases, they haven't sold a single machine.

GOE is my largest holding. I want it to succeed as much as anyone. But I'm incapable of cheerleading when the facts are telling me a different story. What we have here is a company that consistently takes 3 steps foward and then 2 1/2 steps back. Maybe that is just a tough business world taking its toll on a small upstart company or maybe it's because management isn't up to the task. I can only hope Bill is a good learner and capable of change.
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